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May 23, 2015 2:02 AM ET

Banks

Company Overview of Kuwait Finance House (Malaysia) Berhad

Company Overview

Kuwait Finance House (Malaysia) Berhad provides Islamic banking products and services for consumer, commercial, and corporate customers in Malaysia. It operates in a Shariah-compliant manner. It offers corporate and investment, commercial, and retail and consumer banking services, as well as treasury and international business services. The company accepts savings, current, foreign currency current, general investment, and foreign currency general investment accounts. It also offers home and personal financing services; wealth management services; remittance, priority banking, safe deposit box, and standing instruction services; and project, contract, working capital, asset, asset acquisitio...

Ground Floor

Menara Prestige, 1

Jalan Pinang

Kuala Lumpur,  50704

Malaysia

Founded in 2005

Phone:

60 3 2166 0646

Fax:

60 3 2168 0573

Key Executives for Kuwait Finance House (Malaysia) Berhad

Chief Executive Officer, Managing Director and Non-Independent & Non-Executive Director
Chief Recovery Officer
Chief Financial Officer
Chief Executive Officer of KFH
Age: 55
Chief Officer of Transformation Programme Office
Compensation as of Fiscal Year 2014.

Kuwait Finance House (Malaysia) Berhad Key Developments

MBSB Reportedly Eyeing KFH Malaysia

Malaysia Building Society Bhd (KLSE:MBSB), which aims to become a full-fledged Islamic bank, is said to be looking at Kuwait Finance House (K.S.C.P.) (KWSE:KFIN) as an option for a merger exercise, sources say. According to banking sources, MBSB and its major shareholder, the Employees Provident Fund (EPF), are looking at the foreign Islamic bank from "afar" and currently studying its numbers. "MBSB is looking at Kuwait Finance House (Malaysia) Berhad as one option as the deal came to it for consideration. There are no formal talks between the two financial institutions yet," the source clarified.

Kuwait Finance House (M) Bhd Appoints Ahmed S. Al Kharji as its New Chief Executive Officer and Managing Director

Kuwait Finance House (M) Bhd had appointed Ahmed S. Al Kharji as its new chief executive officer and managing director effective April 20, 2015. Al Kharji takes over from Datuk Seri Abdul Hamidy Abdul Hafiz, a veteran banker who resigned last November, about four months before his three-year contract expired.

Kuwait Finance House - Malaysia Announces Earnings Results for the Third Quarter of 2014

Kuwait Finance House- Malaysia announced earnings results for the third quarter of 2014. For the quarter, the company had reported MYR 75.776 million net profits, an increase of 18.4% over the same period last year.

Similar Private Companies By Industry

Company Name Region
Kuwait Finance House (Malaysia) Berhad Asia
Public Islamic Bank Berhad Asia
EONCAP Islamic Bank Berhad Asia
CIMB Bank (L) Limited Asia
CIMB Group Sdn Bhd Asia

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